China’s state planner is reported to have held talks over the lifting of a 2020 ban on Australian thermal and coking coal, resulting in increased inquiries from Chinese buyers amid a thawing of …
Monthly Archives For January 2023
Reasons for pre-flight tests on China are now clear but home Covid strategies remain murky
While the break from ‘following medical advice’ was a surprise, the political fallout for the government is likely to be limited
Silicon Crash Shows China’s Relentless Domination of Solar
The price of polysilicon, the main ingredient in solar panels, has halved, offering relief to the renewable energy industry — but US-China tensions could still get in the way.
Crypto exchange Huobi to cut 20% of its staff as ‘bear market’ strikes
Crypto exchange Huobi Global has revealed plans to cut hundreds of jobs amounting to about a fifth of its workforce in the wake of last year’s implosion of competitor FTX. Huobi, which is one of…
New year, new crypto ‘shake out’
This week, we’re taking a look at whether crypto turned over a new leaf after a grim 2022. Spoiler alert: it did not. Some of the crypto industry’s biggest names have been embroiled in clashes…
Cancer Drug Supplier’s IPO Mints China’s Latest Billionaire
Today’s listing at the Shanghai Stock Exchange by Sichuan Biokin Pharmaceutical, a supplier of cancer drugs, has minted China’s latest billionaire. © Provided by Forbes A ped …
China, Philipines usher in “new golden era” in relations
Provided that each farmer plants 100 durian trees in an area of 1 hectare, the new deal is expected to increase their annual income by US$2,800, making China the largest export destination for the …
Crypto exchange Huobi latest firm to slash staff: Reuters
Seychelles-based crypto exchange company Huobi plans to lay off about 20% of its staff, according to a Friday report from Reuters.
Thought last year was bad for crypto? From FTX to Silvergate, the red flags are flying for the year ahead.
Insider’s Phil Rosen breaks down developments with Silvergate Capital and other crypto-friendly banks feeling the pain from FTX’s fallout.
Why Alibaba Stock Is Surging
Alibaba (NYSE:BABA) has been a battleground stock for years. While shares are still down over the last twelve months, Alibaba has now surged by an …
China economy: Beijing looks to Comcast to aid post-Covid recovery, while Shanghai officials meet beauty giant Estée Lauder
As China reopens, regional economies are accelerating efforts to attract foreign investment by meeting with multinational companies or sending business delegations overseas.
Beijing’s zero-Covid reversal threatens new front in confronation with the West
The US, WHO and EU have questioned the reliability of data offered by the Asian giant, which claims to have the latest coronavirus wave sweeping the country ‘under control’ …
2022 Financial Results: Lululemon Got Local In China, While Calvin Klein, Tommy Hilfiger Made Global Waves
China remains a key driver of the fashion industry’s long-term growth. So how did global players perform there at the end of 2022?
